Transforming Waste Plastic Into $10/Barrel Fuel

Mike writes "Today Washington DC-based company Envion opened a $5 million dollar facility that they claim will be able to efficiently transform plastic waste into a source of oil-like fuel. The technology uses infra-red energy to remove hydrocarbons from plastic without the use of a catalyst, transforming 82% of the original plastic material into fuel. According to Envion, the resulting fuel can then be blended with other components, providing a source for gasoline or diesel at as low as $10 per barrel."

Comments

$4.9 million spent on Frank Carlucci

[Ritz_Just_Ritz]

And the other $100k built the non-impressive looking "facility."

You don't get major politicos (he preceded Cheney as the Secretary of Defense and is a former National Security Advisor) like Carlucci as your "chairman emeritus" without throwing them a serious bone. I guess they've got designs on some government boondoggle or they would have used that money on Aeron chairs.

If turning waste plastic into fuel was cost effective, they'd be doing it already.

Re:And In Other News

[twostix]

And in yet more news smug ignorant Slashdotters a little too eager to show off their self proclaimed intellectual superiority end up look like basement dwelling comic book guys when it comes commenting on anything outside of the world of computers.

More at 11.